Entergy hopes by the end of the year to sell the Cape Cod property to Holtec International, which would assume all responsibility for cleanup and spent fuel management, along with the trust fund that will pay for the work.
In 2015, the New Orleans-based power company announced it would retire Massachusetts’ last nuclear power plant this year, saying increasing operating costs and competition with natural gas as a power source had made the 690-megawatt boiling water reactor economically unviable……
Holtec, an energy technology company based in Camden, N.J., is also planning separate acquisitions for two other Entergy sites: the Palisades Power Plant in Michigan, due for retirement in 2022, and the three-reactor Indian Point site in New York in 2021 after its final reactor shuts down. It also aims to buy Exelon’s newly closed Oyster Creek Nuclear Generating Station in New Jersey. https://www.exchangemonitor.com/plymouth-nuclear-power-station-shut-good/
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